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The clients have opportunities to choose their strategy managers by performance, experience and trading style. The different accounts also offer different trading instruments. For the standard-standard account, you will gain access to 59 exotic, major and minor currency pairs, 5 spot metals, 14 spot CFDs, 4 cryptocurrencies for the MT4 platform.
- It has licenses from the UK, Cyprus, and Mauritian governments.
- Hereby,
FXTM offers you
MetaTrader 4 (Limited with 60 days) and MetaTrader 5 (Limited with 30 days).
- My unfortunate ordeal with them commenced when I sought to withdraw a sumptuous 20,000 USD in February, which to this day has yet to grace my bank account.
- Unfortunately, FXTM is not available to traders in the USA so these clients will need to find a different broker.
- Hence you will always have access to your account at your personal convenience.
It offers a wide range of markets and products for trading through 5 different types of accounts. Traders of all kinds of experience and skill levels can trade on this platform. This is a social trading service https://limefx.name/ where Лайм ФХ (FXTM) ’s strategy managers make their trades available for clients to copy. Clients will have full control of their funds and only pay the strategy manager a fee when he makes a profit.
Lower fees, lower costs?
Their response has been nothing but a mere assurance of investigation, with no tangible results. To add insult to injury, they have now barred me from accessing my dashboard and funds, leaving me in a state of utter dismay. In order to express my dissatisfaction with this company, I have taken the voluntary step of submitting a review to Trustpilot. I got all they stole back through.Aldwychsecuritieswhich i eventually received what was due to me. At least two of the three FXTM trading platform entities are legit, having licenses with the FCA and CySEC. However, traders aren’t always sure they aren’t trading with the offshore branch.
In terms of MetaTrader 5, clients get access to Level II data and all execution modes. They also get an extensive range of order types and trading signals with MQL5. Spreads on Micro and Advantage Plus accounts start from 1.5 pips. There are no commission fees on trading for Micro and Advantage Plus. The broker has indeed set up its offices in different parts of the world, which signifies their intent on increasing the exposure to attractive markets and for reaching traders at a personal level. Лайм ФХ has several excellent qualities that make it one of the most sought after Forex companies in the industry.
Standard Accounts
While the brokerage also offers its own in-house FXTM app for iOS/Apple and Android, this app is designed to be used only for account maintenance and account syncing. As of time of publication, here are the current programs FXTM offers. All reviews, research, news and assessments of any kind on The Tokenist are compiled using a strict editorial review process by our editorial team. Neither our writers nor our editors receive direct compensation of any kind to publish information on tokenist.com. Our company, Tokenist Media LLC, is community supported and may receive a small commission when you purchase products or services through links on our website.
I like that you can get access to plenty of tools to enhance your overall trading experience and excellent customer support. The FXTM mobile trading platform and the desktop trading platform support MetaTrader MT4/MT5 and a new FXTM Trader app. The MT4 trading platform on FXTM supports multiple languages, more than 20 languages, and is compatible with both demo accounts and live ECN accounts. It is an industry-standard trading platform that provides access to financial instruments and markets, CFDs, indices, stock trading, and forex. The platform is free to use and allows traders to manage their trades and analyze different markets. When we compare FXTM with other brokers, it offers various trading account types and trading platforms.
Mobile trading platform
The various subsidiaries have different head offices, including Limassol in Cyprus, London in the UK, and Cyber City in Mauritius. Bank Wire Transfer is also available as a withdrawal option, but it carries a commission of €30. The parent company of FXTM, Exinity Limited, is licensed and regulated by the Financial Services Commission (FSC) of Mauritius. The Pip Calculator is a tool for estimating the potential profits or losses before trading a selected FX currency pair. To get FXTM on your MT4, download MT4 and then connect it to the FXTM server. You can choose from a large selection of languages but for that, you need to change the default language of your mobile phone number.
You can choose between six different types of FXTM trading account. Three of these are Standard Accounts and three are Electronic Communications Network (ECN) Accounts. During the period when the account is being verified, it is possible to access the Demo account version of the MT4 platform and carry out some test trades.
FT Global Limited, its parent company, operates under a license granted by the International Financial Services Commission (IFSC). The IFSC aims at promoting and developing Belize as a global center for financial services. The FXTM support desk is available throughout on regular weekdays and its available 24 hours a day. All traders can communicate with a representative at several departments in different international places through email or telephone.
Lot sizes for stock trading include standard to mini to micro, ranging between 0.01 to 250 lots per trade. Traders at FXTM can explore and trade forex and forex indices with major, minor and exotic currency pairs. Trading currency pairs at FXTM has enabled traders to benefit from the FX by buying and selling currencies using the FXDM forex broker as an intermediary facilitating the transactions. The traders can take advantage of zero spreads on major forex pairs and FXTM’s ultimate transparency and performance statistics, including slippage, order execution, and requote. Although the FXTM spread is floating, they are relatively low for FX traders with an ECN account. The spreads start as low as 0 pips, but they may increase during certain periods based on the market conditions.
Лайм ФХ Margin & Leverage
If you wish to invest a larger amount for an average selection of instruments this is a great account for you. The spread is quite low starting at 0 pips, but the leverage is still pretty high. In this FXTM review, we will discuss every aspect you need to know about the broker before you invest with them. Overall, we are quite satisfied with the services offered by FXTM.
FXTM is committed to providing its registered and potential clients with the best possible trading experience. The broker offer an extensive range of tradable assets, which includes metal, stock trading, CFD stocks, indices, FX indices & currency pairs, commodities, stock baskets, and contract specifications. There is no need to wait for the KYC documents to be processed before depositing funds in a new FXTM account. Payment options include debit and credit cards, bank transfers, and e-Wallets. Some payment methods can only be used for higher-level accounts, but the basic range of options is in line with standard market practice.
The Mauritius branch, however, accepts a wider variety of obscure payment types. Minor payment processors and even Bitcoin are accepted, significantly relaxing payment verification requirements. This FXTM review discovered that a considerable drag on the FXTM ranking online is complaints of denied withdrawals limefx website from the Mauritius branch, with many former clients going public with their grievances. Лайм ФХ Limited withdrawal methods vary by which entity you’re trading with. The CySEC regulated branch takes credit and debit cards, wire transfers, and most online processors like PayPal and Skrill.
These are well establishes pieces of software so you should feel right at home with them. FXTM invest is an interesting addition for copy trading ( this isn’t available in the UK though) which not a lot of brokers, apart from eToro, include in their offering. This allows you to invest in a trader of your choosing and take a share of any profits they manage to generate.
The broker provides comprehensive analysis, education, and research. The Лайм ФХ (FXTM) in-house experts are always busy with seminars, webinars, training articles and daily analysis. Whether you wish to start from zero and learn trading or you wish to advance your skills via their professional courses, you will easily gain access to the material. The e-books are available for Forex brokers, as well as beginner’s glossaries and more. Educational videos and trading strategy discussions are all available to users.